Greater Chautauqua Federal Credit Union v. KMart Corporation et al

  1. May 19, 2017

    Judge Approves $5.2M Kmart Breach Settlement With Caveat

    An Illinois federal judge Friday greenlit a $5.2 million deal that ends a dispute between Kmart Corp. and a class of banks forced to reimburse customers after a data breach, though the judge said his ruling was subject to his review of some settlement distributions.

  2. October 27, 2016

    $5.2M Kmart Data Breach Deal Passes Initial Test

    A $5.2 million payment meant to reimburse banks harmed by a 2014 Kmart data breach passed the first hurdle for settlement approval Thursday, with an Illinois federal judge saying the agreement's new language overcomes past concerns he had about the deal.

  3. October 25, 2016

    Banks Seek OK In $5.2M Deal Over Kmart Data Breach

    A proposed class of banks suing Kmart over its 2014 data breach asked an Illinois federal judge on Monday for the second time to approve a $5.2 million settlement, saying the deal is a favorable compromise given the chance Kmart will go bankrupt if litigation continues.

  4. August 17, 2016

    Real Losses Bolster $5M Kmart Data Breach Deal, Banks Say

    A proposed class of banks suing Kmart over its 2014 data breach shot back Wednesday at concerns over standing that have made an Illinois federal judge reluctant to sign off on the parties' $5.2 million settlement, arguing that the costs the financial institutions have incurred are far from speculative.

  5. May 12, 2016

    Kmart, Banks Reach Deal In Data Breach Suit

    Kmart Corp. has settled a proposed class action in which financial institutions accused it of using outdated security measures when hackers breached its networks in 2014, according to a Thursday filing in Illinois federal court.

  6. October 15, 2015

    Banks Denied Class Cert. In Kmart Data Breach Suit

    An Illinois federal judge on Wednesday declined to certify a class of financial institutions alleging Kmart was using outdated security measures when hackers breached its networks last year, citing an August Seventh Circuit ruling that overturned circuit precedent on whether an offer of full relief moots claims.

  7. October 13, 2015

    Kmart Says Banks Not Covered By Consumer Fraud Laws

    Kmart has urged an Illinois federal judge to dismiss a proposed class action brought by a group of banks accusing it of using outdated security measures when hackers breached its networks last year, saying their consumer fraud claims are meritless because the banks aren't consumers.

  8. June 09, 2015

    Kmart Data Breach Class Actions Denied MDL Consolidation

    The U.S. Judicial Panel on Multidistrict Litigation on Monday refused to consolidate five separate class actions accusing Kmart Corp. of using outdated security measures when its networks were breached by hackers last year, finding that there are not enough cases to merit consolidation.

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